2, WELL ROAD, BOGNOR REGIS, PO21 4SR - £215,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 WELL ROAD is a small detached house of 79m², built sometime between 2003 and 2006, which could now be worth an estimated £370,342. It was last sold for £215,000 in October 2010, which was around 36% below the average October 2010 detached price in the Arun local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

2 WELL ROAD Sold Prices

Land registry data shows three sales for 2 WELL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 2 WELL ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2010 5 OCT	£215,000	£333,642	36% below HPI
2006 26 JAN	£225,000	£298,892	25% below HPI
1997 29 JUL	£29,000	£112,856	74% below HPI

2 WELL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 2 WELL ROAD sales between July 1997 and October 2010 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2010 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 2 WELL ROAD be worth now?

2 WELL ROAD might now be worth an estimated £370,342.

This is based on house price inflation of 72.3%, between October 2010 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.3% inflationary increase is applied to the most recent sale price for 2 WELL ROAD of £215,000 on 5th October 2010. For the value to have increased from £215,000 to £370,342 over the fifteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 WELL ROAD has moved in line with the HPI for detached houses in the Arun local authority area.
• The October 2010 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WELL ROAD has not materially changed since October 2010.

How Large is 2 WELL ROAD?

2 WELL ROAD is 79m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% of detached houses houses in Pagham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pagham, and where 2 WELL ROAD lies on this distribution: 25% of detached houses houses are smaller than 2 WELL ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Pagham.

2 WELL ROAD: Plot and Title Map

2 WELL ROAD sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 2 WELL ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 WELL ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 WELL ROAD?

2 WELL ROAD is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 2 on WELL ROAD.